12 Coquina Ridge WAY
About This Property
The master suite offers a tranquil retreat, featuring a spacious bedroom , a spa-like bathroom with dual vanities, a hydro massage tub, and a separate tiled shower. Three additional bedrooms provide ample space for family or guests, each tastefully appointed with hardwood floors and generous closet space. The modern kitchen, with its sleek stainless-steel appliances and a double oven is perfect for those holiday dinners. Adjacent to the kitchen the screened lanai overlooks lush landscaping and offers a serene spot to relax or dine. With access to Breakaway Trails' community amenities including a clubhouse, swimming pool, pickleball and tennis courts, this home offers both luxury and convenience in one of Ormond Beach's most sought-after neighborhoods.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017